(Investing) – The cost of electricity from natural gas power plants in the United States reached its highest point in at least 17 years, according to data released Monday by Lazard Inc. The levelized cost of energy for combined cycle gas plants rose to $90 per megawatt-hour in 2026, up from $78 the previous year. The figure represents the highest level
(Oil Price) – U.S. President Donald Trump is taking action to protect American consumers from soaring electricity bills with plans to direct the biggest U.S. grid operator, PJM, hold an emergency power auction in which Big Tech would bid for power supply for their new data centers and effectively pay for new power plants. President Trump and governors of several U.S. states, including
(BOE Report)– In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. But then came from artificial
(Oil Price)– Iraq on Tuesday announced a complete suspension of natural gas imports from Iran, a move the electricity ministry said immediately knocked between 4,000 and 4,500 megawatts off the national power grid. On its face, the decision sounds dramatic. In practical terms, it is but the final step in a process that was already well underway. Iraqi officials have
(BOE Report)– In Chicago’s working-class Pilsen neighborhood, a 60s-era oil-fired power plant rises up from an industrial lot behind Dvorak Park, which in warmer weather is packed with children climbing on its colorful playground and zooming down slides. The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. But then came from artificial
EIA A supplemental report to the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2020 (AEO2020) describes two simple measures of cost and value that, when used together, largely explain the economic competitiveness of electricity generating technologies and, in turn, the types of power plants most likely to be built in EIA’s long-term model for the U.S. energy sector. Cost: The levelized cost of
EIA Oil & Gas 360 Publishers Note: Interesting information from the EIA on power plants and electricity storage. The storage will be a huge market in the next several years, and investors should watch this portion of the energy sector. The U.S. Energy Information Administration’s (EIA) Electric Power Monthly now includes more information on usage factors for utility-scale storage generators as well
From Bloomberg A natural gas supply disruption forcing Michigan residents to lower thermostats and automakers to suspend operations could bolster President Donald Trump’s effort to keep coal plants operating possibly by invoking national security powers. The episode began Wednesday when a fire at a compressor station cut off the flow of natural gas from the facility. That prompted Michigan Governor Gretchen Whitmer
NatGas combined cycle plants were 40% of proposed total capacity additions The EIA has released its report on utility-scale power plants planned and built in the United States and natural gas continues to lead the way. Power plant developers told EIA they planned to install 25.1 gigawatts (GW) of generating capacity in 2017. Here is how it developed: 7 GW
27 States are Suing to Stop the CPP, Where do Things Stand? On August 3, 2015, President Obama and the U.S. Environmental Protection Agency announced the Clean Power Plan, which is described on the EPA website as “a historic and important step in reducing carbon pollution from power plants that takes real action on climate change.” The Clean Power Plan mandates the federal
